While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
SELL 1/2 your Long position @ the market.
Current price is 59.05.
Leave the order to sell @ TBT 59.85 working.
30 yr Futures Traders should do likewise,( Buy 1/2 your short Futures) there are only a few ticks left on the downside without some consolidation?
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.